5. please complete correctly and I will give a thumbs up.

Required information [The following Information applies to the questions displayed below.) National Retail has two departments, Housewares and Sporting Indirect expenses for the period follow Rent $ 45,000 Advertising 25,000 Insurance 10,000 Total $ 80,000 The company occupies 4,000 square feet of a rented building, In prior periods, the company divided the $80,000 of indirect expenses by 4,000 square feet to find an average cost of $20 per square foot, and then allocated indirect expenses to each department based on the square feet it occupied. The company now wants to allocate indirect expenses using the allocation bases shown below. Value of Insured Department Square Feet Sales Assets Housewares 1,640 $ 320,000 $ 54,000 Sporting 2, 360 180,000 46,000 Total 4,000 $ 500,000 $ 100,000 2. Allocate indirect expenses to the two departments. Rent expense is allocated based on square feet occupied. Advertising expense is allocated based on total sales. Insurance expense is allocated based on the value of insured assets. Cost Allocated Allocate S45,000 of rent using square feet occupled Square Feet Percent of Total Housewares ant Housewares Sporting Total 1,640 2,360 4,000 $ 320,000 180,000 $ 500,000 $ 54,000 46,000 $ 100,000 2. Allocate indirect expenses to the two departments. Rent expense is allocated based on square feet occupled. Advertising expense is allocated based on total sales. Insurance expense is allocated based on the value of insured assets. Cost Allocated Allocate $45.000 of rent using square feet occupied Square Feet Percent of Total Housewares Sporting Total 0 0% $ 0 Allocate $25,000 of advertising using percentage of sales Sales Percent of Total Cost Allocated Housewares Sporting Total $ 0 0% $ 0 Cost Allocated Allocate $10,000 of insurance using value of insured assets Assets Insured Percent of Total Housewares Sporting $ Total 0% 0 $ 0